Entry details

Algo

 

Category: Altcoins -> Crypto Ecosystem's native coins

Type: homesite

https://algorand.foundation/algo-101

"The Algo is the native token of the Algorand blockchain. As such, the Algo has all the key features of the Algorand blockchain itself. It's super-fast: every transaction with Algo is complete in ~4 seconds. It's scalable: whether you are the first transaction or the 10 millionth transaction in a day, your Algo transaction will still take place in ~4 seconds It's secure: Algorand and Algo transactions are secured by the unique Pure Proof-of Stake consensus that powers the Algorand blockchain. It is almost free to use: unlike many blockchains, where every transaction is hugely expensive, every Algo transaction today, no matter the size, costs a fraction of a penny."

 

 

 

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